G2TT
来源类型Discussion paper
规范类型论文
来源IDDP3631
DP3631 The Political Economy of Policy Centralization: Direct Versus Representative Democracy
Kimberley Scharf; Michela Redoano
发表日期2002-11-20
出版年2002
语种英语
摘要We estimate the respective contributions of institutions, geography, and trade in determining income levels around the world, using recently developed instruments for institutions and trade. Our results indicate that the quality of institutions 'trumps' everything else. Once institutions are controlled for, measures of geography have at best weak direct effects on incomes, although they have a strong indirect effect by influencing the quality of institutions. Similarly, once institutions are controlled for, trade is almost always insignificant, and often enters the income equation with the 'wrong' (i.e. negative) sign, although trade too has a positive effect on institutional quality. We relate our results to recent literature, and where differences exist, trace their origins to choices on samples, specification, and instrumentation.
主题International Trade and Regional Economics ; Public Economics
关键词Economic growth Development Trade Institutions Geography
URLhttps://cepr.org/publications/dp3631
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/532639
推荐引用方式
GB/T 7714
Kimberley Scharf,Michela Redoano. DP3631 The Political Economy of Policy Centralization: Direct Versus Representative Democracy. 2002.
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